Correlation
The correlation between SURI and AIPI is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
SURI vs. AIPI
Compare and contrast key facts about Simplify Propel Opportunities ETF (SURI) and REX AI Equity Premium Income ETF (AIPI).
SURI and AIPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SURI is an actively managed fund by Simplify. It was launched on Feb 7, 2023. AIPI is an actively managed fund by REX. It was launched on Jun 3, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SURI or AIPI.
Performance
SURI vs. AIPI - Performance Comparison
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Key characteristics
SURI:
36.63%
AIPI:
25.84%
SURI:
-47.76%
AIPI:
-25.25%
SURI:
-40.01%
AIPI:
-8.62%
Returns By Period
In the year-to-date period, SURI achieves a -1.04% return, which is significantly higher than AIPI's -2.69% return.
SURI
-1.04%
-0.38%
-18.11%
-23.01%
N/A
N/A
N/A
AIPI
-2.69%
5.79%
-3.09%
N/A
N/A
N/A
N/A
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SURI vs. AIPI - Expense Ratio Comparison
SURI has a 2.51% expense ratio, which is higher than AIPI's 0.65% expense ratio.
Risk-Adjusted Performance
SURI vs. AIPI — Risk-Adjusted Performance Rank
SURI
AIPI
SURI vs. AIPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Propel Opportunities ETF (SURI) and REX AI Equity Premium Income ETF (AIPI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
SURI vs. AIPI - Dividend Comparison
SURI's dividend yield for the trailing twelve months is around 22.54%, less than AIPI's 37.19% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
SURI Simplify Propel Opportunities ETF | 22.54% | 21.41% | 14.71% |
AIPI REX AI Equity Premium Income ETF | 37.19% | 18.13% | 0.00% |
Drawdowns
SURI vs. AIPI - Drawdown Comparison
The maximum SURI drawdown since its inception was -47.76%, which is greater than AIPI's maximum drawdown of -25.25%. Use the drawdown chart below to compare losses from any high point for SURI and AIPI.
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Volatility
SURI vs. AIPI - Volatility Comparison
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